The iBuyer lost $17.5 million between January and March, according to an earnings call Monday afternoon. However, that represents a 71 percent improvement compared to a year earlier.
Source: Inman News
Offerpad posts a decline in annual revenue, but improves Q1 losses
Published in earnings, ibuyer, ibuyers, Markets & Economy, offerpad, opendoor, Select, stock market and Technology
More from earningsMore posts in earnings »
- RE/MAX stays profitable as US agent count, revenue decline
- Tech, scale and strategy fuel Q1 wins across real estate
- Blend seeks to sell Title365 as mortgage revenue shrinks in Q1
- Rocket says it could close Redfin acquisition as soon as this quarter
- Investors cheer as Guild grows Q1 mortgage originations by 35%
More from ibuyerMore posts in ibuyer »
More from ibuyersMore posts in ibuyers »
More from Markets & EconomyMore posts in Markets & Economy »
More from offerpadMore posts in offerpad »
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- He started the Opendoor stock rally. Now he wants the CEO out
- Opendoor grows revenue and trims losses in 2nd quarter rally
- Offerpad sees declining revenue, but trims losses during Q2
- ‘Meme stock’ surge lifts Opendoor out of delisting danger zone
More from opendoorMore posts in opendoor »
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Opendoor continues C-sweep with CFO swap
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- Here’s how much extra money you’d have if you invested $1K in Opendoor last month
- Opendoor announces new CEO: Shopify’s Kaz Nejatian
More from SelectMore posts in Select »
More from stock marketMore posts in stock market »
More from TechnologyMore posts in Technology »
Be First to Comment